Accelerated GMV and Revenue Growth
Zalando achieved a GMV growth of 6.5% year-on-year and revenue growth of 7.9% in Q1 2025, driven by successful end-of-season sales and a strong spring/summer season start.
Improved Profitability
Adjusted EBIT for Q1 2025 was EUR47 million, representing a margin of 1.9%, up by 0.7 percentage points year-on-year, mainly due to a stronger gross margin in the B2C segment.
B2B Segment Revenue Growth
B2B segment revenue increased by 11.6%, significantly ahead of group revenue growth, driven by ZEOS Fulfillment and partnerships like the one with TikTok Shop.
Successful Loyalty Program Rollout
The upgraded Zalando Plus loyalty program was rolled out to 13 markets, with over 15% of the customer base participating, showing promising progress.
Strategic Acquisition of About You
The acquisition of About You is on track, with 91.5% of shares secured and regulatory approvals progressing, expected to close by summer.